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Lean Manufacturing Systems and Just-in-time Inventory Methods are Key to Achieving Working Capital Efficiency
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The study analyzes the importance of working capital in the automotive industry. It looks at recent trends and initiatives taken by companies to streamline working capital needs, and examines the disadvantages of excess or inadequate working capital. Working capital management is analyzed by segment and region for accounts payable and receivable, inventory, and cash as a percentage of total assets. Rankings of the top 30 automotive original equipment manufacturers and component manufacturers by segment based on working capital management are presented. A case study of a company with adequate working capital is given to present the methods adopted to achieve it. The study period is from 2009 to 2013.
GROWTH OPPORTUNITIES IN ELECTRIC VEHICLES, BATTERIES, AND ARTIFICIAL INTELLIGENCE-BASED MOBILITY SOLUTIONS
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